Agriculture plays a very vital role in the Indian economy. The sector contributes around 16 percent to GDP. Over 58 percent of the rural households are dependent on agriculture for their livelihood. However, a severe drought in the last two fiscal has reduced agriculture productivity. In fiscal 2016-17 with a positive forecast for monsoon, the agriculture sector is expected to perform better. The note on the outlook for Indian agriculture gives an analysis on the expected performance of the sector in this fiscal and the factors which will drive its growth.

Agriculture plays a very vital role in the Indian economy. The sector contributes around 16 percent to GDP. Over 58 percent of the rural households are dependent on agriculture for their livelihood. However, a severe drought in the last two fiscal has reduced agriculture productivity. In fiscal 2016-17 with a positive forecast for monsoon, the agriculture sector is expected to perform better. The note on the outlook for Indian agriculture gives an analysis on the expected performance of the sector in this fiscal and the factors which will drive its growth. Read Less